What is the definition of Holder in due course? | Dictionary.net

HOLDER IN DUE COURSE

\hˈə͡ʊldəɹ ɪn djˈuː kˈɔːs], \hˈə‍ʊldəɹ ɪn djˈuː kˈɔːs], \h_ˈəʊ_l_d_ə_ɹ ɪ_n d_j_ˈuː k_ˈɔː_s]\

Definitions of HOLDER IN DUE COURSE

1910 - Black's Law Dictionary (2nd edition)

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A term for the original holder of an instrument that takes it in good faith and exchanges something valuable for it. AKA protected holder.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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